secwatch.observer — SEC 8-K summary
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Issuer:     LIVEPERSON INC (LPSN)
CIK:        0001102993
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0001102993-23-000023
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LivePerson repurchases $157.5M of 0.75% convertible notes for $149.7M cash (95% of par)
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- Repurchased $157.5M aggregate principal of its 0.750% Convertible Senior Notes due 2024.
- Total cash consideration of ~$149.7M, representing 95% of principal plus accrued interest.
- Price per $1,000 principal: $950 plus accrued interest from March 1, 2023 to closing.
- Expects to unwind a portion of related capped call options in connection with the repurchase.
- Closing scheduled for March 23, 2023 via DWAC settlement with individual holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102993/000110299323000023/0001102993-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102993/000110299323000023/lpsn-20230321.htm
  HTML page:      https://secwatch.observer/filing/0001102993-23-000023

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